Transactions: Regions Bank taps Axway for open banking initiative

Regions Bank is teaming up with information technology company Axway to accelerate its open banking transition.  The $157 billion bank’s initiative follows the Consumer Financial Protection Bureau’s Oct. 22, 2024, ruling that mandates protections and offerings for bank clients, including: Free transfer of money from one bank to another;  Secure payments through open banking; and  […]